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CPC Crude Exports Dip in June m/m

OIL

Vessel tracking showed 5.08mn tons of CPC Blend crude left the terminal near Russia’s Novorossiysk port in June – the lowest since last October.

  • Flows left at a pace of 1.34mn bpd in June, down from 1.41mn bpd in May.
  • About 1.32mn tons of CPC Blend were shipped to Asia in June, the lowest since December, compared with a revised 1.7mn tons in May.

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